Friday, 6 February 2015

3pm update - a powerful week for the bull maniacs

US equities look set for minor chop into the weekend. What is far more important though, the sp'500 is set for a net weekly gain of around 3%. Metals remain weak, Gold -$33, whilst Oil is holding gains of 1.8%.



So... a little chop this afternoon... but more than anything... a HUGE net weekly gain... and the Monday morning low of sp'1980 is now a full 4% lower.

Notable weakness, miners, the ETF of GDX -5.2% 

GDX, daily

back at the close... to wrap up the week... unless the ECB open their mouth before then!